Contrarian Scalping is an trading strategy designed to take advanted of a counter-trend.
The advantage of these strrategies types is that they have a good profitability but with do not great gain (in relation at the time frame).
Indicators used:
Bollinger
Envelope
ADX
Stochastic
Rules for entry
For short: close of the price is above upper band from bb and envelope , adx is below 30 and stochastic is above 50
For long: close of the price is below lower band from bb and envelope , adx is below 30 and stochastic is below 50
Rules for exit
For short: either close of the candle is below lower band of bb or enveloper or stochastic is below 50
For long: either close o the candle is above upper band of bb or envelope or stochastic is above 50
If there are any questions let me know !
The advantage of these strrategies types is that they have a good profitability but with do not great gain (in relation at the time frame).
Indicators used:
Bollinger
Envelope
ADX
Stochastic
Rules for entry
For short: close of the price is above upper band from bb and envelope , adx is below 30 and stochastic is above 50
For long: close of the price is below lower band from bb and envelope , adx is below 30 and stochastic is below 50
Rules for exit
For short: either close of the candle is below lower band of bb or enveloper or stochastic is below 50
For long: either close o the candle is above upper band of bb or envelope or stochastic is above 50
If there are any questions let me know !
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🔻TV : https://cutt.ly/ZFpy695
🔻Premium : https://cutt.ly/HH01C3a
🔻Binance : https://cutt.ly/3Fpy1w4
🔻FTX: https://cutt.ly/QH010oc
🔻Discord : https://cutt.ly/kWfhNxo
🔻Telegram : https://cutt.ly/URHIExq
🔻TV : https://cutt.ly/ZFpy695